3-bedroom bungalow · CO7 9AN
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer this extended two/three bedroom detached bungalow, situated in a sought-after area close to local shops, amenities, the train station and Wivenhoe woods.
Offered with no onward chain, the property provides generously sized, well-presented accommodation, and an early viewing is recommended.
The accommodation with approximate room sizes comprises:- Double glazed entrance door to: ENTRANCE HALL Laminate flooring, radiator, storage cupboard, airing cupboard housing hot water tank and wall mounted gas boiler (not tested by Elms Price and Co).
BEDROOM 15' 11" x 9' 0" (4.85m x 2.74m) Double glazed window to front, loft hatch with ladder, radiator, and fitted wardrobes.
SHOWER ROOM Double glazed obscure window to side, shower cubicle, WC, wash basin and heated chrome towel rail.
LOUNGE 15' 10" x 11' 11" into recess (4.83m x 3.63m) Double glazed box bay window to front, further double glazed window to side, feature wooden fire surround and radiator.
KITCHEN 10' 7" x 7' 3" (3.23m x 2.21m) Double glazed window and door to side.
Fitted with a range of wall mounted units, base units and drawers, together with a single drainer sink and mixer tap set into work surface.
Appliances include an inset four ring gas hob with extractor fan above, built-in oven and microwave, integrated fridge and integrated washing machine.
There is also a pull-out larder style cupboard and radiator. BEDROOM 11' 4" x 10' 4" (3.45m x 3.15m) Double glazed French doors to rear, laminate flooring and vertical radiator.
DINING ROOM/THIRD BEDROOM 10' 10" x 10' 5" (3.3m x 3.18m) Double glazed patio doors to conservatory, radiator.
CONSERVATORY 12' 11" x 10' 3" (3.94m x 3.12m) Double glazed windows to three elevations and double glazed French doors to rear garden.
OUTSIDE The front of the property is block paved and includes an area of artificial lawn. Access is available along both sides of the bungalow to the rear garden.
The rear garden features artificial lawn, shrubs and trees, together with a shed supplied with electricity. ADDITIONAL INFORMATION Council tax band: C. Local authority: Colchester City Council.
Energy rating: to be confirmed. The boiler and gas central heating have not been tested by Elms Price and Co.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Parkwood Avenue, Wivenhoe
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